Infrastructure & Industrial
Large Projects Fail at Financial Close.
Rarely at the Idea Stage.
From Detailed Project Reports (DPRs) and debt structuring to syndication and financial close, we help infrastructure, energy, industrial, and manufacturing projects move from concept to capital.
Typical deal size
₹500 Cr+
Finance products
15+
Sectors covered
6
Structured approach
100%
Overview
The Term Sheet Is the Start. Financial Close Is the Mandate.
Many projects secure lender interest but stall before funding. Capital structure gaps, unrealistic assumptions, unresolved conditions precedent, and weak financial models often delay execution. Stalwart actively manages the process from mandate to financial close.
The Capital Stack
Every Instrument Across the Full Debt–Equity Spectrum.
01
Senior Debt
Term loans, syndicated facilities, and structured debt aligned to project-specific cashflows, construction timelines, and Debt Service Coverage Ratio (DSCR) requirements.
02
Mezzanine Finance
Subordinated and hybrid instruments designed to bridge funding gaps where senior debt capacity alone is insufficient.
03
PPP Finance
Public-Private Partnership (PPP) structures, concession-based projects, and government co-financing frameworks designed for bankability.
04
Guarantees
Performance guarantees, advance payment guarantees, and credit enhancement structures tailored to project-specific requirements.
05
Structured Products
Long-tenure funding solutions, infrastructure bonds, securitisation structures, and alternative capital instruments.
Sector Expertise
Sector Knowledge That Changes How the Proposal Is Structured.
01
Infrastructure
Roads, ports, airports, power, and public infrastructure projects requiring complex funding and risk-allocation structures.
02
Renewable Energy
Solar, wind, hybrid, and energy-transition projects structured around generation forecasts and long-term offtake agreements.
03
Manufacturing
Greenfield and brownfield expansion projects requiring capital expenditure planning and lender-aligned financial modelling.
04
Mining
Mining and resource-linked projects structured around reserves, production cycles, and regulatory requirements.
05
Cross-Border Projects
International projects involving export credit support, foreign funding structures, and regulatory compliance.
Deliverables
What you receive.
Tangible, dated outputs you can show to a lender, a board or a regulator.
Bankable feasibility report
Financial model with sensitivity and DSCR analysis
Information memorandum for lender consortium
Security trustee and inter-creditor structuring
Drawdown schedules tied to project milestones
Process
How an engagement unfolds.
STEP 01
Concept
Sector, scale and sponsor capability assessment.
STEP 02
Feasibility
Techno-commercial, financial and regulatory diligence.
STEP 03
Structure
Capital stack, security, covenants and pricing.
STEP 04
Syndicate
Mandate, lender consortium and term sheet negotiation.
STEP 05
Close & monitor
Documentation, drawdown and post-financial-close oversight.
Why Stalwart
We Manage the Process From Mandate to First Drawdown.
Signing a term sheet is only the beginning. We coordinate lenders, advisors, documentation, and execution milestones to ensure funding moves from approval to actual deployment.
Related practices
All services
Get in touch
Bring us your hardest
finance question.
Working capital, term loans, project finance, schemes or pre-IPO. We will tell you in the first call whether we can help, and what good looks like.